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FFIE

PLTR

Palantir Technologies has acquired an 8.7% stake in Faraday Future by converting receivables into equity. Faraday Future's stock rose 5.2% but is down nearly 90% year-to-date. The EV maker is struggling financially, with minimal revenue and significant losses.

Portfolio Pulse from Anan Ashraf

October 10, 2024 | 10:50 am

GXO

QQQ

SPY

TSLA

TXG

The article discusses the cautious sentiment in the market ahead of the September CPI data release, with futures trading slightly lower. It highlights the impact of potential trade policies from presidential candidates on the economy and stock market. Stocks like Tesla, GXO Logistics, and 10x Genomics are in focus due to upcoming events and announcements.

Portfolio Pulse from Shanthi Rexaline

October 10, 2024 | 10:49 am

DAL

Delta Air Lines reported Q3 2024 earnings per share of $1.50, missing the $1.52 estimate, but sales of $15.677 billion exceeded the $14.674 billion estimate. EPS decreased by 26.11% from last year, while sales increased by 1.22%.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 10:32 am

GOOGL

USO

U.S. markets closed higher due to Federal Reserve minutes indicating support for a rate cut. Tech stocks were mixed, with Alphabet down 1.5% due to antitrust concerns. Crude oil prices surged on supply risks, while U.S. futures and the dollar index showed slight declines.

Portfolio Pulse from Akanksha Bakshi

October 10, 2024 | 10:26 am

LPCN

Lipocine Inc. has reported promising data from its qEEG study of oral brexanolone, showing significant CNS activity and potential for treating various neuropsychiatric conditions. The results support further development of the drug.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 10:23 am

DPZ

Domino's Pizza projects a 6% annual global retail sales growth and an 8% growth in income from operations for 2024. The company also anticipates a global net store growth of 800 to 850 stores.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 10:15 am

LPCN

Lipocine announced positive results for its oral Brexanolone, which was well-tolerated with minimal central nervous system depressant effects. This development could be significant for Lipocine's future prospects.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 10:11 am

TSLA

A Tesla Cybertruck owner has wrapped their vehicle in a Dogecoin-themed design, highlighting the ongoing trend of creatively wrapped Teslas. This reflects the influence of Tesla CEO Elon Musk, who has publicly supported Dogecoin, impacting its value significantly.

Portfolio Pulse from Kaustubh Bagalkote

October 10, 2024 | 9:54 am

BLMZ

CNEY

TVGN

WHLR

BloomZ Inc. shares surged 64% in pre-market trading after being selected as the primary animation contractor for a new project. Other stocks also showed significant pre-market movements, including Tevogen Bio Holdings, CN Energy Group, and Wheeler Real Estate Investment Trust.

Portfolio Pulse from Avi Kapoor

October 10, 2024 | 9:54 am

TSLA

Tesla is set to unveil its new robotaxi, featuring butterfly wing doors, at an event on Thursday. CEO Elon Musk will also discuss the development of full self-driving software for the Tesla Semi truck. The event, initially scheduled for August, was postponed to October 10 for further improvements and additional showcases.

Portfolio Pulse from Anan Ashraf

October 10, 2024 | 9:34 am